Freda made the announcement Thursday during his state of the town address before 120 business people and town employees who attended the Quinnipiac Chamber of Commerce event at Fantasia banquet hall.

Freda categorized economic development projects as successes, challenges and works in progress, with the Yale proposal being in the latter category.

"We will be moving forward with the Yale-New Haven Hospital project. In the next two weeks, we'll see more details," said Freda.

The Yale project would join a medical office building that's already being built and one that is being discussed, Freda said.

Vincent Petrini, the hospital's senior vice president for public affairs, said later that the hospital is reformulating its proposal and would provide "further details in the weeks ahead. We always said we'd be back with another proposal."

The hospital had proposed an emergency department satellite center and other services last year, but pulled its application when the state agency that must approve such projects put forth an unfavorable preliminary decision.

In other economic development news, Freda said that three different options for the redevelopment of the former Pratt & Whitney plant have been presented to property owner Mickey Rabina.

"If it doesn't work, we will be back to square one. This is a critical time for this project. The three projects can be robust and dynamic. Time will tell," he said.

He also said discussions are under way about post-graduate housing for students who will be attending Quinnipiac University's medical school and other programs being planned for the North Haven campus.

In the financial category, Freda said the town is doing well, with back-to-back surpluses and a fund balance of 8 percent. He is striving to hold the line on taxes this year.

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